Holi festival , is one of the most multicolored and oldest festivals of Hindu mythology and it is celebrated on the day after the first full moon night ( Dhulhendi ) in the month of Phalgun or Phalguna that in the Gregorian calendar falls between late February and March , marking the beginning of the month Chaitra . It is often characterized by a goliardic behavior , a kind of “carnival”,in which people on the streets spraying each other, often up to capacity, with water mixed with coloring powders , admitting in general a certain transgression. This festival celebrates the myth of eternal love between Krishna (reincarnation of the god Vishnu) and Radha , but the red color and the atmosphere also clearly refer to a fertility festival , which is connected with folk’s traditions who want the end of winter , the return of life and blessing from the gods , so that the lands are fertile and harvests abundant ! .. Literally , however , the word Holi, means ” burn” and is inspired by the legend of Holika . In fact, every year during the full moon night ( the eve of HOLI ) huge bonfires are lit to commemorate this mythological event and annihilate with the power of fire , the spirits of evil.